Indigo Trust, a UK-based grant making foundation, has announced it has taken over the management of the joint hub fund initiative it jointly launched with Hivos Foundation and DOEN Foundation in 2014.
The fund was jointly set-up to support tech innovation hubs in sub-Saharan Africa, and support African tech hubs they have done.
Through the fund, several tech hubs have been supported through grants and whatnot. In fact, ActivSpaces (Cameroon), Hivecolab (Uganda) and iSpace (Ghana) have received core funding from the fund while mHub (Malawi) and Sensi (Sierra Leone) have all received seed funding this year from the fund.
The fund, now known as ‘The Technology Innovation Hub Fund for Sub-Saharan Africa’, will now be solely managed by Indigo Trust, who themselves have been supporting tech innovation hubs across sub-Saharan Africa since 2011.
Indigo Trust, through the fund, will provide core costs to relatively established hubs and seed funding to groups who aim to grow and strengthen technology communities in country’s or cities where they barely exist.
Also, Indigo Trust will be extending the tentacles of the fund by supporting civic tech innovation coming out of the supported tech spaces.
New funders will be coming on board also. They will be announced in the coming weeks.
“At Indigo Trust, we believe that the best solutions to a country’s challenges are likely to be devised locally. We see an important role for technology innovation hubs in supporting local technology driven innovation,” Indigo Trust stated in a statement.
It added, “Through providing state-of-the-art facilities, events, mentorship, training and networking opportunities to technology communities across Sub-Saharan Africa, innovation hubs help to grow, upskill and strengthen technology communities and help them connect to important stakeholders like funders and the corporate sector. In the long-term, we believe this will have a catalytic effect on the quality and quantity of projects being devised across the continent.